Lumera Named to Merrill Lynch's Leading Nanotech Index

Sep 20, 2004, 01:00 ET from Lumera Corporation

    BOTHELL, Wash., Sept. 20 /PRNewswire-FirstCall/ -- Lumera Corporation,
 (Nasdaq:   LMRA), was recognized as one of the leading nanotechnology companies
 in North America when the company was added to Merrill Lynch's Nanotechnology
 Index on Friday September 17.  Lumera was the only new addition to the index
 at this time.
     Merrill Lynch's Nanotech Index is made up of 25 companies in this exciting
 new field.  Lumera, which recently raised approximately $42 million in its
 initial public offering, was listed in the small cap and micro cap category of
 the index.
     "To be recognized by Merrill Lynch with our inclusion in the
 nanotechnology index is another milestone for Lumera," said Thomas D. Mino,
 chief executive officer.  "Our addition to the list is another indication that
 Lumera is one of the emerging leaders in the nanotechnology field."
     In its April report, Merrill Lynch indicated it believes nanotechnology
 could be the next growth innovation, similar in importance to information
 technology over the past 50 years.
     Most recently, Lumera unveiled a molecularly engineered material that has
 an unprecedented electro-optic efficiency of more than five times that of
 crystalline materials widely in use today.  Because this revolutionary new
 polymer can respond to very low voltages and modulates and transmits light at
 extremely fast speeds with minimal loss, it offers the potential for a variety
 of high-speed optical networking components.  These components are expected to
 dramatically improve performance in much more compact packages than those
 currently available.
     Lumera is also working with techniques to coat its electro-optic materials
 onto silicon wafers containing multiple integrated circuits.  These
 proprietary techniques will create high-speed optical interconnections with
 the combination of low-voltage and low-optical loss that is critical to
 enabling such applications.
     Lumera has recently received orders for engineering samples of devices
 using its materials from select large telecommunication and semi-conductor
     About Lumera
     Lumera is an emerging leader in the field of nanotechnology.  The company
 designs proprietary molecular structures and polymer compounds for a broad
 range of electro-optic, RF and specialty coating applications.  The company
 also has developed proprietary processes for fabricating such devices.  For
 more information, please visit

SOURCE Lumera Corporation